Oil fell more than 2 percent on Tuesday, retreating from a one-month peak as investors took risk premium out of the market after a Hamas official announced that militants from the Gaza Strip and Israel had agreed to a ceasefire brokered by Egypt.
Gold also fell, erasing early gains after better-than-expected U.S. housing data, while grains firmed amid concerns about tight supplies. Corn prices rose for the third day in a row, hitting their highest level in more than a week.............................................Full Article: Source
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